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4898 El Camino Real - Entitled-8 Story, 85 Unit Condo 0.43 Acres of Residential Land Offered at $25,000,000 in Los Altos, CA 94022

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INVESTMENT HIGHLIGHTS

  • Corner Lot, Entitled for tallest Residential Building-Condo

EXECUTIVE SUMMARY

Fully Entitled: All major entitlements secured, significantly reducing project risk and time to construction.
High-Demand Location: Positioned along El Camino Real with excellent visibility and connectivity to Mountain View, Palo Alto, Sunnyvale, and major tech campuses.
Exceptional Schools: Proximity to Los Altos High School (rated 9/10) and other top-performing institutions enhances long term value and marketability for residential or mixed-use development.
Strong Demographics: Within minutes of some of the highest household income neighborhoods in the Bay Area, ensuring robust end-buyer demand.
Walkable & Transit-Connected: Easy access to shopping, restaurants, Caltrain, parks, and community amenities.
Rare Large Parcel: Hard to find a land parcel of this size in Los Altos with full approvals already in hand.
Premium Buyer Segment: Ideal for residential, mixed-use, or senior housing developers seeking a flagship project in an affluent Silicon Valley corridor.

PROPERTY FACTS

Price $25,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 0.43 AC
No. Stories 2
Zoning CT - This site represents one of the few remaining entitled parcels in the Los Altos submarket, offering a clear path from acquisition to groundbreaking.

1 LOT AVAILABLE

Lot

Price $25,000,000
Price Per AC $58,139,534.88
Lot Size 0.43 AC

Unlock a rare opportunity to acquire a fully entitled development site in one of the most desirable corridors of Silicon Valley. Strategically located along the El Camino Real growth spine, this site offers exceptional ROI.

DESCRIPTION

8 Story, 85 units with 1 underground parking - Entitled Land, Buy & built the tallest residential tower of Los Altos!

Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
170-03-085
Land Assessment
$7,022,700
Improvements Assessment
$0
Total Assessment
$7,022,700
  • Listing ID: 38468890

  • Date on Market: 11/16/2025

  • Last Updated:

  • Address: 4898 El Camino Real, Los Altos, CA 94022

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